Unlike the send feature, which sends crypto to an external wallet, Binance Pay transfers crypto from one Binance.US account to another user’s account. Its partner company, Binance, is one of the largest crypto exchanges in the world. You can also grant Binance access to your contacts list. 4.0 Learn More Our Take Binance.US is a cryptocurrency exchange for U.S.-based users. I had some trouble finding the Binance Pay screen (hint: scroll the banner on the app’s home screen), but then was able to search users by name, phone number, or email address. With Binance Pay, you can send or receive crypto to and from other Binance users with no fees (up to $1 million daily receiving limit). District Judge Andrew Carter, who sits in the Southern District of New York. It has a convert function for beginner users, and an advanced trading. A click on “Add Coin” restored my unseen balance. Binance has been hit with a series of legal actions since at least the now-dismissed 2020 class action in which U.S. Binance is a third-party exchange platform that allows people to buy, sell, and trade cryptocurrencies, including Bitcoin. Binance makes it easy to set a limit order to buy or sell crypto at a specific price. For example, my TRON balance didn’t show in my wallet initially. You may have to add tokens to the mobile interface. I used the Android app, secured by fingerprint login.Īll the features of the web app were available with a few clicks within the mobile app as well, including staking, trading, and the option to set up an auto-buy. Binance offers four trading pairs for MATIC, but an initial search shows just one.įor trading on the go, you can use the Binance.US iOS or Android app. Trading pairs were a bit difficult to locate, however. In general, I found Advanced Trading easy to use. I could view the fee for each pair by hovering over the “VIP” level in the top-right corner.Īdvanced Trading also brings advanced charts, including trend lines and Fibonacci retracement. Should you use Binance Binance is more suited for experienced investors who are looking for advanced trading options and plenty of analytics to back up their investment strategy. Binance averages just 2 out of 5 stars across 3,654 Trustpilot reviews. The alternative is Advanced Trading, which brings support for market, limit, and stop-limit orders while removing the uncertainty over fees. These include the Binance app, Binance website, and Binance desktop app. Instant Buy also uses a small spread that allows Binance to “hold” the price until you complete the transaction. I found several examples like this in the 0.25% to 0.3% fee range. The Instant Buy fee is 0.3% in the above example. Here’s the preview of my trade, which includes a weekly recurring purchase (dollar-cost averaging). Binance Reviews 4,569 Poor 2.0 VERIFIED COMPANY Visit this website 2.0 total 1-star : Atanga Merciful 5 reviews BH I have been using Binance exchange now I have been using Binance exchange now for the past 6 years. You can trade, exchange, cash in, cash out - it. You can buy, sell, or convert right from the dashboard, with an option to preview the trade, including fees. Binance has it all - it is quick, it offers any kind of currency, it has its own coin (BNB), and it is secure.
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